SmarterDividends
BGB

Blackstone Strategic Credit 2027 Term Fund

BGB

Financial Services · Asset Management · Stock · monthly payer

$11.06

Fairly valued · +10% Add to Portfolio

Forward Yield

8.37%

Annual Dividend

$0.93

Payout Ratio

151%

5-Yr Growth

-1.6%

Ex-Date

Oct 23, 2026

Frequency

Monthly

Key facts about BGB's dividend

Data as of · Source: SmarterDividends data

  • As of Oct 18, 2026, Blackstone Strategic Credit 2027 Term Fund (BGB) has a forward dividend yield of 8.37%, based on an annual dividend of $0.93 per share and a share price of $11.06.
  • As of Oct 18, 2026, BGB's dividend safety grade from SmarterDividends is D (48 out of 100), which rates the dividend as unsafe.
  • BGB last cut its regular dividend in 2025.
  • BGB's next ex-dividend date is Oct 23, 2026, with payment on Oct 30, 2026. Shares must be owned before that date to receive the dividend.
  • As of Oct 18, 2026, BGB pays out 151% of its trailing 12-month earnings as dividends (its payout ratio).
  • BGB's dividend has shrunk at an average rate of 1.6% a year over the past five years.
  • As of Oct 18, 2026, SmarterDividends' blended fair-value estimate for BGB is $12.17 per share, 10% above the $11.06 share price, so BGB screens as fairly valued.
  • Blackstone Strategic Credit 2027 Term Fund (BGB) pays its dividend monthly, 12 times a year.
  • Blackstone Strategic Credit 2027 Term Fund (BGB) has raised its regular dividend 11 times and cut it 18 times across the 165 payments on record since 2012. Its most recent change was a 2.6% cut to $0.0740 per share, going ex-dividend on Sep 23, 2026.
Cite this page

SmarterDividends, "BGB Dividend: Yield, Safety Grade & Next Ex-Date," updated Oct 18, 2026, https://smarterdividends.com/stocks/BGB

Summary

As of Oct 18, 2026, Blackstone Strategic Credit 2027 Term Fund (BGB) yields 8.37% ($0.93 a year per share) and has a dividend safety grade of D (48/100).

Is BGB a good dividend stock?

Mixed

Blackstone Strategic Credit 2027 Term Fund (BGB) pays a monthly dividend yielding 8.37% ($0.93/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

Advantages

    Risks

    • Cut its dividend in 2025
    • Elevated payout ratio (151%)
    • Dividend has been shrinking, not growing
    • Very high yield can signal elevated risk
    • Share price is down over the past 5 years
    • Below-average dividend safety score

    Key Data

    Dividend Yield
    8.37%
    Payout Ratio
    151%
    Annual Dividend
    $0.93
    5-Yr Avg Growth
    -1.6%
    Ex-Dividend Date
    Oct 23, 2026
    Years of Growth
    0
    Frequency
    monthly
    Beta
    —
    Market Cap
    $494.1M
    P/E Ratio
    —
    5-Yr Total Return
    -19%
    52-Week Range
    $10.85 – $12.01
    Dividend Safety
    D · 48/100
    Ever Cut?
    Yes (2025)

    BGB dividend raises and cuts

    Blackstone Strategic Credit 2027 Term Fund (BGB) has raised its regular dividend 11 times and cut it 18 times across the 165 payments on record since 2012. Its most recent change was a 2.6% cut to $0.0740 per share, going ex-dividend on Sep 23, 2026.

    Ex-dateChangeOld → newMove
    Sep 23, 2026Cut$0.0760 → $0.0740−2.6%
    Jun 23, 2026Cut$0.0790 → $0.0760−3.8%
    Mar 24, 2026Raise$0.0770 → $0.0790+2.6%
    Dec 23, 2025Cut$0.0780 → $0.0770−1.3%
    Sep 23, 2025Cut$0.0890 → $0.0780−12.4%
    Feb 21, 2025Cut$0.0930 → $0.0890−4.3%
    Sep 23, 2024Cut$0.101 → $0.0930−7.9%
    Jun 21, 2024Raise$0.0930 → $0.101+8.6%
    Mar 20, 2024Cut$0.0940 → $0.0930−1.1%
    Dec 20, 2023Cut$0.102 → $0.0940−7.8%
    Sep 21, 2023Raise$0.0940 → $0.102+8.5%
    Jun 22, 2023Raise$0.0880 → $0.0940+6.8%
    Show all 29 changes since 2014
    Ex-dateChangeOld → newMove
    Mar 23, 2023Raise$0.0850 → $0.0880+3.5%
    Dec 21, 2022Raise$0.0770 → $0.0850+10.4%
    Sep 22, 2022Raise$0.0670 → $0.0770+14.9%
    Jun 22, 2022Raise$0.0650 → $0.0670+3.1%
    Mar 23, 2022Cut$0.0660 → $0.0650−1.5%
    Dec 22, 2021Cut$0.0720 → $0.0660−8.3%
    Jun 22, 2021Raise$0.0710 → $0.0720+1.4%
    Mar 23, 2021Cut$0.0730 → $0.0710−2.7%
    Dec 22, 2020Cut$0.0800 → $0.0730−8.8%
    Sep 22, 2020Cut$0.0940 → $0.0800−14.9%
    Jun 22, 2020Cut$0.102 → $0.0940−7.8%
    Mar 23, 2020Cut$0.105 → $0.102−2.9%
    Dec 20, 2019Cut$0.111 → $0.105−5.4%
    Sep 20, 2019Cut$0.114 → $0.111−2.6%
    Jun 20, 2019Raise$0.109 → $0.114+4.6%
    Dec 20, 2018Raise$0.105 → $0.110+4.8%
    Mar 20, 2014Cut$0.117 → $0.105−10.3%
    Every BGB payment →Download every raise and cut (CSV)
    BGB ex-dividend date & scheduleNext ex-date Oct 23, 2026 · full ex-dividend historyView →BGB dividend historyEvery payment, totals by year, raises and cutsView →

    Frequently Asked Questions

    Is BGB a good dividend stock?

    Mixed. Blackstone Strategic Credit 2027 Term Fund (BGB) pays a monthly dividend yielding 8.37% ($0.93/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal.

    Is BGB undervalued?

    Based on a blend of discounted cash flow, a dividend-discount model and an earnings-multiple estimate, BGB's fair value is about $12.17 versus a $11.06 share price — so it looks fairly valued (+10% vs. fair value).

    Is BGB's dividend safe?

    BGB has a dividend-safety grade of D (48/100), based on its payout coverage, free-cash-flow, 0-year growth streak, a dividend cut in 2025, debt and yield-versus-history.

    What is BGB's fair value?

    Our blended fair-value estimate for BGB is about $12.17 per share, roughly 10% above the current $11.06 price — combining a discounted cash flow, a dividend-discount model and an earnings multiple.

    Is BGB a buy, hold, or sell?

    We don't issue formal ratings, but on the data BGB screens as "mixed" and fairly valued. Blackstone Strategic Credit 2027 Term Fund (BGB) pays a monthly dividend yielding 8.37% ($0.93/yr), with 0 years of growth and a dividend-safety grade of D. The picture is mixed — the dividend pays, but safety or growth signals are weaker than ideal. This is research for your own analysis, not investment advice.

    Will BGB cut its dividend?

    BGB earns a dividend-safety grade of D (48/100), and has cut its dividend before (last in 2025). A higher score means lower cut risk based on payout coverage, cash flow and history — but no score guarantees a dividend.

    Does BGB pay a dividend?

    Yes. Blackstone Strategic Credit 2027 Term Fund pays a monthly dividend of about $0.93 per share annually, a forward yield of roughly 8.37%.

    What is BGB's dividend yield?

    As of Oct 18, 2026, BGB's forward dividend yield is 8.37%, based on a $0.93 annual dividend and a $11.06 share price.

    What is BGB's dividend per share?

    As of Oct 18, 2026, BGB pays $0.93 per share per year, distributed on a monthly basis.

    What is BGB's dividend payout ratio?

    As of Oct 18, 2026, BGB's payout ratio is 151% of trailing 12-month earnings — an elevated level worth watching, as it leaves less cushion if earnings dip.

    How many years has BGB grown its dividend?

    BGB does not currently have a long dividend-growth streak on record.

    When is the next BGB ex-dividend date?

    As of Oct 18, 2026, the next ex-dividend date on record for BGB is Oct 23, 2026.

    Income Calculator

    At $0.93 / yr per share

    Per payment (monthly)$7.75
    Annual$93.00
    Monthly avg$7.75

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